Management and Organizational Studies 3383A/B Chapter Notes - Chapter 4: Tradesman, Visible Minority, Job Sharing

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 3383A/B
• Professor: Jody Merritt

Document Summary

Canada produces many workers with liberal arts degrees, but not enough trades high demand for trades. Hr forecasting the heard of hr planning process; can be defined as ascertaining the net requirement for personnel by determining the demand for and supply of human resources now and in the future. Transaction based forecasting fo(cid:272)uses o(cid:374) tra(cid:272)ki(cid:374)g i(cid:374)ter(cid:374)al (cid:272)ha(cid:374)ge (cid:271)y the orga(cid:374)izatio(cid:374)"s managers. Event based forecasting concerned with changes in external environment. Hr planning should be: strategic and forward looking, comprehensive and encompass all employee groups and management functions, tailored to the specific culture and attributes of the organization to which. Important advantages of hr planning: reduces hr costs effective hr forecasting focuses on a comparison between organizatio(cid:374)"s (cid:272)urre(cid:374)t jo(cid:271)-related knowledge, skills, abilities and other characteristics that workers must have to perform successfully in the position. Can reduce hr costs by being proactive.